Ephelia
The regulated infrastructure for Crypto Exchanges
White-label payment & settlement layer powering fiat/stablecoin on/off-ramps, treasury, and programmable payouts
Who is Ephelia?
A regulated infrastructure for the Next Generation of finance
Ephelia seamlessly connects the traditional financial system with the world of blockchain, offering a regulated infrastructure platform:
- Banking-as-a-Service (BaaS) + Blockchain native infrastructure
- Licensed Financial Institution (UK/EU/CH/US/CA/NZ coverage)
- Core offering: Accounts, Wallets, Payments, FX, Cards, Asset Management, Distribution of Structured Products – FULLY White-Label
- es-Currencies: regulated, fiat-backed, streamable e-money tokens
- Multi-chain support: EVM (Polygon, Binance, Base) + non-EVM (Solana, Hyperledger, Canton Network)
- Finance Interoperability Layer (FIL): unified identity, policy-as-code, AI routing across fiat + crypto rails, x402 Compatible
What are es-Currencies?
Regulated e-money tokens built for real-world payments
- Fiat-backed 1:1: es-Currency are 1:1 backed
- Issued under e-money licenses: Fully regulated e-money tokens, distinct from unregulated stablecoins
- Streamable: Enabling per-second settlements and real-time payments, a significant upgrade from traditional batch processing.
- On-chain transparency: Auditable reserves and proof-of-settlement.
- Multi-issuer protocol: Inter-institution liquidity networks for broader adoption across financial ecosystems.
- Programmable money: Incorporates policy-as-code, embedding rules and AML compliance directly into the token's logic.
The CEX pain points we solve
CEXs face critical infrastructure challenges
Fiat On/Off-Ramps
Unstable banking relationships, high friction, and rigid cut-off times create significant operational challenges.
Stablecoin Custody & Liquidity
Over-reliance on external issuers means limited control over economics and reserve management.
Cross-Border FX
Opaque spreads, delayed settlements, and high intermediary costs hinder efficient international transactions.
Treasury Management
Fragmented across multiple platforms, leading to manual reconciliation and inefficient liquidity allocation.
Compliance Burden
Duplicative KYC/AML processes and complex Travel Rule requirements increase operational overhead and risk.
B2B/B2C Payouts
Current payout systems are slow, inflexible, and lack modern streaming or programmable logic capabilities.
The Stablecoin Sandwich-Concept
A smarter architecture: Fiat/Stablecoin → es-Currencies → Fiat/Stablecoin
Ephelia's unique "sandwich" architecture streamlines the movement of value, offering superior efficiency and control for crypto exchanges.
- On-Ramp: Users deposit fiat (SEPA, FPS, SWIFT, ACH) or stablecoins/crypto. Ephelia ensures issuer-agnostic support for all major stablecoins, preventing vendor lock-in.
- Settlement Layer: All assets are internally converted to Ephelia's proprietary es-Currencies for processing. This enables 24/7 instant settlement, streamable flows, optimal FX, and policy-as-code capabilities.
- Off-Ramp: Users withdraw their funds back to fiat (bank account) or stablecoins (USDT, USDC, EURC, es-Currencies) seamlessly.
- Result: CEXs gain full control over their settlement processes, significantly reduce operational costs, enhance user experience, and capture valuable float revenue.
Global Fiat & Stablecoin On/Off-Ramp 2.0
One White-Label Layer for All Fiat & Stablecoin Flows
On-Ramp
Facilitate FIAT deposits and custody of major stablecoins.
Settlement
Automatic conversion to es-Currencies for efficient internal clearing and settlement.
Off-Ramp
Enable instant withdrawals - 24/7 availability with no cut-off times.
Benefits
A streamlined integration replaces the need for multiple providers, offering a comprehensive solution.
Revenue Model
Generate revenue through an es-Currencies marketing program.
Compliance
Robust, embedded KYC/AML processes, secure wallet whitelisting, and on-chain blacklisting capabilities.
Cross-Border FX corridor engine
White-Label remittance infrastructure for CEX retail users
Ephelia's Cross-Border FX corridor engine empowers Tier-2 CEXs to offer competitive, crypto-native remittance and cross-border payment services directly to their retail users.
This streamlined architecture ensures efficient, transparent, and compliant international fund transfers, leveraging both traditional fiat rails and blockchain technology.
Seamless User Experience
CEXs can provide their retail users with a familiar, crypto-native remittance service, akin to Wise but built for the digital asset economy.
Intelligent AI Routing
Our AI-driven engine dynamically selects the most optimal path for each transaction based on real-time cost, speed, and compliance parameters across fiat and blockchain rails.
Enhanced Transparency
Users benefit from real-time FX rates, on-chain proof-of-settlement, and automated reconciliation for complete peace of mind.
CEX Revenue & Retention
Unlock new revenue streams, significantly improve user retention, and differentiate your exchange from competitors with a cutting-edge offering.
Ephelia Ecosystem Growth
This product drives increased es-Currency volume and generates valuable FX spread revenue, strengthening Ephelia's position in the market.
B2B Stablecoin Settlement Hub
Streamlined payments for Market Makers, Liquidity Providers & Merchants
The Problem
Crypto Exchanges currently face complexities paying dozens of partners (Market Makers, Liquidity Providers, Merchants) through fragmented methods like traditional bank wires, stablecoins transfers, and manual reconciliation.
Our Solution
A unified B2B wallet and IBAN system, powered by es-Currencies, designed for efficient and unified settlement across all partner types.
Key Features
- Automated mass payouts
- Intelligent automated netting
- Robust collateral and margin management
- Flexible credit lines denominated in es-Currencies
Flexible Funding
Partners can seamlessly deposit fiat currencies or major stablecoins (USDT, USAT, USDC, EURC), which are then settled internally using es-Currencies for optimal efficiency.
Strategic Cash-Out
Partners withdraw fiat or stablecoins only when liquidity is needed, significantly reducing on-chain fees and optimising liquidity management.
Value Proposition
This hub delivers lower operational costs for CEXs, ensures instant settlement, and enables highly programmable payment logic for sophisticated financial operations.
Streaming Payouts
Per-Second Value Transfer for B2C & B2B Use Cases
Ephelia's Streaming Payouts revolutionise how funds are distributed, enabling continuous, real-time value transfer directly to beneficiaries.
Continuous Flow Payouts
Shift from traditional batch processing to continuous, per-second value streaming, ensuring immediate and dynamic fund distribution.
Smart Contract Architecture
es-Currencies are locked in smart contracts, enabling programmable payouts governed by policy-as-code rules based on KYC level, risk score, or performance milestones.
Diverse Applications
Perfect for affiliate/creator payouts (drip cash-out), market maker performance-based streaming rewards, and continuous user "earn" program distributions.
Flexible Redemption
Users can redeem their streamed value to fiat currencies or major stablecoins (USDT, USAT, USDC, EURC) at any time, maintaining liquidity and control.
Unmatched Innovation
A category-defining feature, Ephelia offers native streaming capabilities that are unavailable from competitors like.
On-Chain IBAN & Unified Treasury
Every IBAN is an On-Chain Address – Treasury in One Place
Ephelia's On-Chain IBAN & Unified Treasury solution bridges the gap between traditional banking and decentralised finance, offering a single, integrated platform for managing all fiat and crypto assets.
On-Chain IBAN Mapping
CEXs receive virtual IBANs directly mapped to on-chain addresses, supporting both EVM and Solana ecosystems for broad compatibility.
Seamless Fund Flow
Facilitate fiat deposits via IBAN that convert to es-Currencies for on-chain transfers, and stablecoin deposits that directly swap to es-Currencies.
Multi-Venue Treasury
Move liquidity instantly between diverse entities and geographical regions using es-Currencies, powered by Ephelia's robust FX engine.
Proof-of-Settlement
Every internal fund movement is tracked transparently on-chain, enabling real-time reconciliation via webhooks and ensuring audit readiness.
Unified Treasury Dashboard
Gain a comprehensive overview of all fiat, crypto, and es-Currencies balances through a white-label UI, simplifying complex financial monitoring.
Core Benefits
Eliminates manual reconciliation processes, significantly improves capital efficiency, and provides an audit-ready financial infrastructure.
AI-Powered FX Smart Routing
Dynamic path selection for every transaction
Ephelia’s AI-powered FX Smart Routing is designed to navigate the complexities of cross-border and cross-asset value transfer, ensuring optimal efficiency for every transaction.
The Challenge
Fixed routing methods often result in suboptimal costs and speeds, failing to adapt to the dynamic and diverse requirements of various transaction types in the crypto ecosystem.
Our Solution
An intelligent AI routing engine that continuously evaluates all available transaction paths in real-time, integrating traditional fiat rails, Ephelia's es-Currencies, and major stablecoins for unparalleled efficiency.
Optimisation Factors
Routing decisions are based on a comprehensive analysis of real-time cost, transaction speed, liquidity availability, evolving KYC/AML policy requirements, and current network congestion.
Use Case: EUR to USD Withdrawal
For a user withdrawing EUR to USD, the engine instantly determines the most efficient path – whether direct fiat FX, a multi-leg es-Currencies swap (EUR→es-EUR→es-USD→fiat USD), or via a USDC bridge – selecting whichever is cheapest/fastest.
Revenue Opportunities
Generates new revenue streams through micro-fees per routing decision, favourable FX spreads, and an increase in the Total Value Locked (TVL) within the es-Currencies ecosystem.
Outcome & Benefits
Delivers significantly lower average transaction costs for CEX users, superior execution quality, and maximises capital efficiency for the exchange.
Embedded Compliance & Proof-of-Settlement
Compliance-as-Code for MiCA, Travel Rule & Audit Readiness
Ephelia redefines regulatory adherence by embedding compliance directly into the core infrastructure, ensuring proactive and transparent operations for Crypto Exchanges.
Identity Layer
Leverage verifiable credentials and selective disclosure to streamline user onboarding, eliminating repetitive KYC processes and enhancing privacy.
Policy Layer
Embed AML/CTF rules directly into es-Currency transfers, including threshold limits, geofencing, and real-time sanctions screening.
Proof-of-Settlement
Every transaction is immutably logged on-chain with a hash reference, providing an easily exportable and auditable trail for regulators, ensuring full transparency.
CEX Compliance Dashboard
A white-label UI for CEXs, displaying all fiat and crypto flows, policy breaches, and comprehensive audit trails for simplified oversight.
Regulatory Use Case
Enables CEXs to demonstrate full traceability of fiat ↔ crypto flows to regulators, meeting stringent requirements with ease.
Strategic Differentiator
A proactive compliance narrative that significantly strengthens licensing applications for key jurisdictions like EU MiCA, VARA, and others.
Liquidity & Yield-Sharing Program
CEX earns revenue on treasury held in es-Currencies
Ephelia's innovative program allows Crypto Exchanges to generate substantial passive income from their operational treasury, fostering a stronger, mutually beneficial partnership.
Operational Balance
CEXs maintain their operational balance in Ephelia's es-USD/es-EUR stablecoins, specifically for managing on/off-ramps and settlements efficiently.
Secure Reserve Investment
The fiat backing for es-Currencies is securely invested by Ephelia in highly liquid, low-risk instruments such as T-Bills and money market funds.
Attractive Yield Generation
These reserve investments generate competitive interest rates, for instance, an estimated 4-5% on USD and 3-4% on EUR in the current market climate.
Transparent Revenue-Share
Ephelia rebates a significant portion of this generated yield directly back to the CEX, incentivising growth in Total Value Locked (TVL).
Strategic Edge
Unlike competitors, who cannot share yield on third-party stablecoins like USDT/USDC, Ephelia controls the economics of its es-Currencies, enabling this unique offering.
Enhanced Partnership
This program allows CEXs to generate passive income from their operational float, leading to improved capital efficiency and a deeper commercial relationship with Ephelia.
